Golden Lessons From Helicopter Ben And Spanish Galleons

Since 1971, paper currencies have lost value at a breakneck speed. You?d think their necks would be broken by now. In 1972, we bought a gallon of gasoline for 25 cents. Now, it is 16 times that much. Gold has gone up 50 times, for a 98% loss to the dollar holder. If this pattern continues for another 40 years, a gold doubloon will buy about what it does today. A dollar will buy nothing.

Source: http://www.forbes.com/sites/greatspeculations/2011/08/19/golden-lessons-from-helicopter-ben-and-spanish-galleons/

home equity debt consolidation international debt collection langhorne debt solutions medical bankruptcy